Brokerages Set Republic Services, Inc. (NYSE:RSG) PT at $245.70

Shares of Republic Services, Inc. (NYSE:RSG) have received a consensus rating of “Moderate Buy” from the twenty-two brokerages that are currently covering the stock, Marketbeat reports. Nine analysts have rated the stock with a hold recommendation and thirteen have given a buy recommendation to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $245.70.

A number of analysts have recently commented on RSG shares. BMO Capital Markets cut their price target on Republic Services from $251.00 to $248.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 18th. Bank of America dropped their price objective on shares of Republic Services from $271.00 to $241.00 and set a “buy” rating for the company in a report on Monday, December 22nd. UBS Group lifted their target price on shares of Republic Services from $225.00 to $240.00 and gave the stock a “neutral” rating in a research report on Thursday. Oppenheimer decreased their price target on shares of Republic Services from $256.00 to $255.00 and set an “outperform” rating for the company in a research report on Friday, January 23rd. Finally, The Goldman Sachs Group initiated coverage on shares of Republic Services in a research note on Monday, November 24th. They set a “buy” rating and a $255.00 price target for the company.

Republic Services Stock Down 0.1%

Shares of NYSE:RSG opened at $231.33 on Friday. Republic Services has a 52-week low of $201.42 and a 52-week high of $258.75. The company has a market capitalization of $71.43 billion, a PE ratio of 33.77, a price-to-earnings-growth ratio of 3.82 and a beta of 0.54. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.64 and a current ratio of 0.64. The company has a fifty day moving average of $218.08 and a 200-day moving average of $219.32.

Republic Services (NYSE:RSG) last released its quarterly earnings data on Tuesday, February 17th. The business services provider reported $1.76 earnings per share for the quarter, beating the consensus estimate of $1.62 by $0.14. Republic Services had a return on equity of 18.44% and a net margin of 12.90%.The company had revenue of $4.14 billion for the quarter, compared to the consensus estimate of $4.21 billion. During the same quarter last year, the business posted $1.58 EPS. Republic Services’s revenue for the quarter was up 2.2% on a year-over-year basis. Republic Services has set its FY 2026 guidance at 7.200-7.28 EPS. On average, equities analysts predict that Republic Services will post 6.86 EPS for the current fiscal year.

Republic Services Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Thursday, April 2nd will be given a dividend of $0.625 per share. This represents a $2.50 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Thursday, April 2nd. Republic Services’s dividend payout ratio (DPR) is currently 36.50%.

Insider Buying and Selling

In related news, Director Katharine Weymouth purchased 478 shares of Republic Services stock in a transaction on Tuesday, December 9th. The shares were purchased at an average price of $209.46 per share, for a total transaction of $100,121.88. Following the transaction, the director owned 5,740 shares of the company’s stock, valued at approximately $1,202,300.40. This represents a 9.08% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 0.11% of the company’s stock.

Hedge Funds Weigh In On Republic Services

A number of hedge funds have recently made changes to their positions in the stock. Brighton Jones LLC increased its position in Republic Services by 75.8% during the 4th quarter. Brighton Jones LLC now owns 19,822 shares of the business services provider’s stock valued at $3,988,000 after purchasing an additional 8,547 shares during the period. Y Intercept Hong Kong Ltd acquired a new position in shares of Republic Services in the 2nd quarter worth approximately $404,000. Arkadios Wealth Advisors bought a new stake in shares of Republic Services in the 2nd quarter valued at $253,000. NewSquare Capital LLC increased its position in shares of Republic Services by 68.5% during the second quarter. NewSquare Capital LLC now owns 123 shares of the business services provider’s stock worth $30,000 after buying an additional 50 shares during the period. Finally, First Horizon Advisors Inc. raised its stake in Republic Services by 21.1% during the second quarter. First Horizon Advisors Inc. now owns 751 shares of the business services provider’s stock worth $185,000 after buying an additional 131 shares during the last quarter. 57.73% of the stock is currently owned by institutional investors.

Republic Services Company Profile

Republic Services, Inc is a leading provider of non-hazardous solid waste and recycling services in the United States. The company offers a broad range of waste management solutions to residential, commercial, industrial and municipal customers, positioning itself as a full-service partner for everyday waste collection as well as specialized disposal needs.

Republic’s core operations include curbside and commercial collection, transfer and hauling, materials recovery and recycling facilities, and landfill disposal.